In its simplest form, CSP financial assurance is traditional revenue assurance, including revenue leakage analysis and financial fraud management. These functions are enhanced with modern computing and analytical tools to yield near real-time analysis of business and operations data when needed. Financial assurance also involves cost and margin analysis to improve revenue accountability as partner and supplier relationships expand, and business models evolve.

"An important and growing market that was estimated at $470 million in 2012, CSP financial assurance is expected to expand at a compound annual growth rate (CAGR) of 12.8 percent to reach $765 million by 2016," said Karl Whitelock, Stratecast Director of Global OSS/BSS Strategy. "Subex is clearly an industry leader as evidenced by most communications service providers (CSPs) mentioning Subex as one of the first names that come to mind with demonstrated revenue leakage, fraud management and margin analysis capabilities."

Overall, Subex is set to outpace competition and grow its market share further in the coming months. In recognition of its robust growth and potential, Frost & Sullivan is pleased to present the 2012 Stratecast Global Market Share Leadership Award in the CSP Financial Assurance Sector. Frost & Sullivan regularly presents this award to the company that has demonstrated excellence in capturing the highest market share within this target market.

Frost & Sullivan Best Practices Awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research in order to identify best practices in the industry.

About Subex

Subex Limited is a leading global provider of Business Support Systems (BSS) that empowers communications service providers (CSPs) to achieve competitive advantage through Business Optimisation - thereby enabling them to improve their operational efficiency to deliver enhanced service experiences to subscribers.

Subex also offers a scalable Managed Services program and has been the market leader in Revenue Assurance and Fraud Management according to Gartner (2010 & 2011). Subex has also been enjoying market leadership in Business Optimisation for five consecutive years according to Analysys Mason (2007, 2008, 2009, 2010 & 2011). Business Optimisation includes fraud, revenue assurance, analytics, cost management and credit risk management. Subex has been awarded the Global Telecoms Business Innovation Award for 2012 along with Idea Cellular and 2011 along with Swisscom for fraud management

Subex's customers include 28 of top 50 operators* and 33 of the world's 50 Biggest# telecommunications service providers worldwide. The company has more than 300 installations across 70 countries.

*GTB Carrier Guide, 2011

#Forbes' Global 2000 list, 2011

About Stratecast

Stratecast collaborates with our clients to reach smart business decisions in the rapidly evolving and hyper-competitive Information and Communications Technology markets. Leveraging a mix of action-oriented subscription research and customized consulting engagements, Stratecast delivers knowledge and perspective that is only attainable through years of real-world experience in an industry where customers are collaborators; today's partners are tomorrow's competitors; and agility and innovation are essential elements for success. Contact your Stratecast Account Executive to engage our experience to assist you in attaining your growth objectives.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.

The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.

The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

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